Supreme Court · 2008 INSC 1467 · Decided 17 December 2008
M/S. Vijay Industries v. M/S. Natl Technologies LTD.
- Court
- Supreme Court of India
- Citation
- 2008 INSC 1467 · [2008] 17 S.C.R. 972
- Case number
- CIVIL APPEAL No. 7352/2008
- Decided
- 17 December 2008
- Bench
- S.B. SINHA, CYRIAC JOSEPH (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 433, 434
Headnote
972 A MIS. VIJAY INDUSTRIES v. M/S. NATL TECHNOLOGIES LTD. (Civil Appeal No. 7352 of 2008) B DECEMBER 17, 2008 [S.B. SINHA AND CYRIAC JOSEPH,. JJ.] . Companies Act, 1956 - ss. 433 and 434 - Winding up petition under - Maintainability of - Interest payable on the c sum due whether debt to to pay price for the goods to supplier on presentation of invoices - Credit bill signed by D purchaser's representative contained clause for payment of interest on delayed payments - Purchaser agreed to compensate supplier for delay in payment and never denied demand of interest - Supplier
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